Tag Archives: Flutter

BGC initiates ‘Take Time to Think’ campaign to replace ‘When the Fun Stops, Stop’

BGC pledges to maintain safer gambling momentum

The Betting and Gaming Council (BGC) has replaced its long-running ‘When the Fun Stops, Stop’ campaign with a new safer gambling slogan, ‘Take Time to Think’. A series of TV advertisements depicting customers paying mid-play before considering the use of safer gambling tools will kickstart the campaign, the messaging of which will be adopted across operator’s online and retail channels. …

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Amy Howe takes leadership of FanDuel as new CEO

Flutter Entertainment Plc has confirmed the promotion of Amy Howe as Chief Executive of its flagship US subsidiary, FanDuel. Having previously served as the Global COO of Ticketmaster, Howe joined FanDuel in February 2021 as President where she was charged with leading the company’s commercial strategy across all core business segments and products. The appointment sees Flutter complete its three-month …

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Irish betting agrees to new code of conduct but market requires a regulatory overhaul

Ireland’s betting sector will implement sweeping changes brought in by a new ‘Code of Practice on Safer Gambling’ established by the Irish Bookmakers Association (IBA). This weekend, the IBA communicated that Ireland’s retail and online bookmakers had agreed to follow new industry rules, standards and conduct on safer gambling and player protection duties. Mirroring UK policy, the new code will …

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Flutter matches trading expectations as Jackson ups FanDuel’s US growth projections

Flutter Entertainment Plc has underlined the scale, efficiency and product excellence of its global brand portfolio that has registered a 40% increase in active monthly players (AMPs) to 7.6 million.   Publishing its H1 2021 interim results (period ending 30 June), the firm recorded group pro-forma revenues of £3 billion, up 30% on corresponding H1 2020 results of £2.4 billion.  Headline …

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Lord Chadlington joins the shortlist for UKGC Chairmanship

The UK Gambling Commission (UKGC) has published a shortlist for its vacant Chairman position including Conservative peer Lord Chadlington (Peter Selwyn Gummer), former Deloitte board member Marcus Boyle and Responsible Gambling Strategy Board Chair Anna van der Gaag. One of the key responsibilities of the new Chairman will be to coordinate the recruitment process for the new Chief Executive, with …

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Flutter agrees £155m sale of Oddschecker to sports disruptor Bruin Capital

Flutter Entertainment Plc has this afternoon disclosed that it has agreed to sell its Oddschecker Global Media subsidiary to sports investment fund Bruin Capital for a deal consideration of £155 million.  Issuing a short statement, Flutter revealed that it has secured terms to receive £135 million in cash for Oddschecker, with Bruin agreeing to a further ‘deferred contingent’ of up …

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City examines vital interims as gambling faces sweeping judgement calls  

From London to Wall Street, the interim results of global gambling’s listed incumbents will be probed as the industry faces systemic changes inbound during the second-half year trading. Though the finely balanced outcome of the UEFA Euro 2020 Championships will impact incumbents bottom lines – city analysts will be focused on evaluating which companies are best equipped to thrive in …

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Flutter forms #TOGETHERFORMISSING partnership with Missing People

Flutter Entertainment Plc has partnered with UK charity Missing People, to raise awareness and support the families of nearly 100,000 adults that were reported missing across the country last year. The FTSE100 betting group has announced that its UK facing brands of Paddy Power, Betfair, Sky Bet and PokerStars will promote its #TOGETHERFORMISSING campaign formed with Missing People. #TOGETHERFORMISSING, was …

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Flutter accelerates global growth profile as US options are weighed up

Flutter Entertainment Plc has cited confidence in delivering on its full-year 2021 financial expectations by continuing to establish its individual brands as outright leaders in each active marketplace. Publishing its Q1 trading update, the FTSE100 gambling group recorded double-digit growth across all core divisions, as its monthly average active customer base increases by 36% to 7.6 million (Q12019: 5.6m). Providing …

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Flutter eyes Oddschecker sale as focus shifts to core business growth

Flutter Entertainment is actively reviewing options to sell its Oddschecker business, as the FTSE100 firm focuses its core operations to strengthen its global sports betting and igaming units  This afternoon, Sky News reported that Flutter had recruited New York investment bank Moelis & Company to advise on the sale of Oddschecker – recognised as UK and Australian betting markets’ leading …

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